Doing business in Singapore for clients from Mongolia

Commodities, finance and a neutral forum

A Mongolian resource company or trader may want a Singapore company to contract with Asian buyers and financiers, with trade finance and commodity trading the usual starting points. A family or an investor may prefer to hold international assets outside the home market. Banks here will ask for clear evidence of ownership and of the source of funds, which is worth preparing before the first account application.

Tax treaty and trade agreements

Singapore and Mongolia have a comprehensive double taxation agreement. No free trade agreement between Singapore and Mongolia among the 29 agreements Singapore has in force was found, as checked in November 2026.

Below you will find the articles written for clients from Mongolia as they are published, followed by the sections of the book Singapore as an International Financial Centre. Your own lawyers advise you on the law of Mongolia.